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Pebblebrook Hotel Trust Announces Successful Amendments of Credit Agreements to Extend Waivers and Provides Update on Recent Operating Performance
February 19, 2021 GMT
BETHESDA, Md. (BUSINESS WIRE) Feb 19, 2021
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on February 18, 2021, it had successfully amended the agreements governing its outstanding debt, including its $650.0 million senior unsecured revolving credit facility, $1.6 billion of term loans and working capital facilities, and $100.0 million private placement senior notes. In addition, the maturity of approximately $21.0 million of the Company’s debt was extended from November 2021 to November 2022.
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